Hank Zarihs Associates has successfully structured and delivered funding for the conversion of a four-storey mixed-use building into 61 residential flats, with a £14 million GDV.
Transactions of this scale require detailed underwriting, precise structuring, and disciplined execution to ensure the acquisition, build costs, and refinance exit strategy are fully aligned. Delivering this facility reflects the strength of our credit capability and the depth of experience within the Hank Zarihs Associates team.
Key highlights:
- £5.83M gross development loan achieved
- 61 residential units created from mixed-use conversion
- £14M GDV
Congratulations to Janelle Baffa, Head of Underwriting at Hank Zarihs Associates, for driving this transaction through to completion with the precision and credit discipline that define our underwriting process.
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